1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alenkasestr [34]
3 years ago
12

What did raegan believe the government should do to improve the economy

History
1 answer:
OlgaM077 [116]3 years ago
7 0

Answer:

Reaganomics is President Ronald Reagan's conservative economic policy that attacked the 1980 recession and stagflation. Stagflation is an economic contraction combined with double-digit inflation.

It promised to reduce the government's influence on the economy. He supported laissez-faire economics. He believed the free market and capitalism would solve the nation's woes. His policies matched the "greed is good" mood of 1980s America.

Reagan's position was dramatically different from the status quo. Prior presidents Johnson and Nixon had expanded the government's role.

Reagan pledged to make cuts in four areas:

The growth of government spending.

Both income taxes and capital gains taxes.

Regulations on businesses.

The expansion of the money supply.

Reaganomics is based on the theory of supply-side economics. It states that corporate tax cuts are the best way to grow the economy. When companies get more cash, they should hire new workers and expand their businesses. It also says that income tax cuts give workers more incentive to work, increasing the supply of labor. That's why it's sometimes called trickle-down economics.

Explanation:

You might be interested in
which statement accurately describes the impact of the French and Indian War on the British and the colonies
schepotkina [342]

The answer to your question is,

C.  the British gains land but lost a lot of money leading them to tax the colonies

-Mabel <3

8 0
3 years ago
Evaluate 2/3 (n-6) p, when n= 10 and p=1/2<br><br>a.1/3<br><br>b.1 <br><br>c.4/3<br><br>d.10/3
son4ous [18]

Answer:

c.4/3

Explanation:

7 0
2 years ago
Qué regiones abarcó la Edad Media​
taurus [48]

Answer:

Alta Edad Media. La Alta Edad Media es el período de la historia de Europa y Oriente Medio que comienza en el siglo V y termina entre los siglos IX y X , distinguiéndose así este periodo del siguiente, conocido como Baja Edad Media.

Explanation:

5 0
3 years ago
Which kingdoms converted to religions from outside of Africa?
Nana76 [90]
It’s c is the right answer
4 0
3 years ago
How did Hippocrates differ from Herodotus?
makvit [3.9K]
Hippocrates was the founder of medicine, regarded as the greatest physician of his time, based medical practice on observations of the human body. Where as Herodotus wrote about the wars between Persia and Greece and he became one of the first true historians in Western civilization.
5 0
3 years ago
Read 2 more answers
Other questions:
  • What do economic call a decline in the real gdp
    12·1 answer
  • What were 2 changes mussolini brought to italy when he became dictator?
    6·1 answer
  • What was one effect of new British taxes on colonists?
    11·2 answers
  • Which were one-issue political parties
    9·2 answers
  • The constitution reflects the concept
    9·1 answer
  • Match each description to a movement or ideology.
    9·2 answers
  • Which is not guaranteed by the Bill of Rights
    15·1 answer
  • Why did Martin Luther King decide to not join the Freedom Riders protest?
    7·2 answers
  • Why Fannie became the soul of the Mississippi movement
    15·1 answer
  • Please help....................
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!